Notional Finance Hacked, $1.7 Million Stolen in Stablecoins

Notional Finance Hacked, $1.7 Million Stolen in Stablecoins

N
News Editor
2026-09-05 05:26:40
PeckShield detected an attack on Notional Finance's custody contract, resulting in the theft of approximately $1.7 million in stablecoins. The stolen funds were swapped to ETH and sent to a mixing protocol. The project has not yet responded.

Techub News says that, based on PeckShield’s monitoring, the custody contract of Notional Finance — a fixed-rate lending protocol on Ethereum — was hacked, and about $1.7 million in stablecoins was stolen. Then the attacker swapped the stolen funds into ETH and sent them to a mixing protocol. On-chain data shows the money has already been fully laundered. And the project team still has not released an official response.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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